Giving property investors a a poor capital gain of -8.23% for the last year, Moree, 2400 is the 3769th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Moree has given property investors a paper return of 0.00%. This puts Suburb as 1085 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Moree 2400 should be seeing an average reduction in asking price of around -10.48% . This means that Moree is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Moree the average time real estate has been on the market is 136.27 days.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 6.93%, without taking into account capital value appreciation, which has been averaging out at 3.08%.
Moree has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.34% to date .
While Moree,2400 ranked number 540th in NSW for increase in median house value (annualised) increase, it is ranked 498th over the last 5 years.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 8.13%, without taking into account capital value appreciation, which has been averaging out at -15.27%.